Davis Select International ETF (BATS:DINT) Sees Significant Increase in Short Interest

Davis Select International ETF (BATS:DINT) saw a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 21,752 shares, an increase of 73.3% from the August 15th total of 12,554 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 9,286 shares, the days-to-cover ratio is presently 2.3 days.

Davis Select International ETF Stock Up 0.3%

DINT opened at $28.78 on Friday. Davis Select International ETF has a 52 week low of $25.77 and a 52 week high of $30.75. The business has a fifty day simple moving average of $29.70 and a 200-day simple moving average of $28.84. The firm has a market cap of $277.15 million, a P/E ratio of 13.73 and a beta of 0.63.

Hedge Funds Weigh In On Davis Select International ETF

Hedge funds have recently bought and sold shares of the company. Bank of America Corp DE increased its stake in Davis Select International ETF by 22.5% during the first quarter. Bank of America Corp DE now owns 102,327 shares of the company’s stock worth $2,754,000 after purchasing an additional 18,815 shares during the period. Royal Bank of Canada lifted its position in shares of Davis Select International ETF by 9.9% during the first quarter. Royal Bank of Canada now owns 105,752 shares of the company’s stock worth $2,846,000 after purchasing an additional 9,490 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Davis Select International ETF by 10.8% in the first quarter. Geneos Wealth Management Inc. now owns 325,677 shares of the company’s stock valued at $8,767,000 after purchasing an additional 31,725 shares during the period. Sigma Planning Corp boosted its stake in shares of Davis Select International ETF by 45.6% in the first quarter. Sigma Planning Corp now owns 42,517 shares of the company’s stock valued at $1,144,000 after purchasing an additional 13,306 shares during the period. Finally, Kestra Advisory Services LLC grew its holdings in shares of Davis Select International ETF by 58.4% in the first quarter. Kestra Advisory Services LLC now owns 14,966 shares of the company’s stock valued at $403,000 after purchasing an additional 5,518 shares in the last quarter.

Davis Select International ETF Company Profile

The Davis Select International ETF (DINT) is an exchange-traded fund that is based on the MSCI ACWI ex-US index. The fund holds an actively-managed portfolio of international companies outside the US, selected based on prospects for long-term growth of capital. DINT was launched on Mar 1, 2018 and is managed by Davis.